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Thomaswestw
17 giu 2021 20:38

200-day SMA Fails to Support Ailing Lumber Prices  Short

CME:LBS1!1D

Descrizione

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Lumber prices are looking lower after slicing through the 200-day Simple Moving Average (SMA). Former areas of resistance turned support may offer relief but bears appear to be in full control. A drop to the 600 level may be on the cards.
Trend LinesMoving Averageslumber
Commenti
Captain_Walker
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Excellent analysis and chart. Keep um coming. Don't be bother by lack of hit count on your post.
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